HAEMONETICS CORP/MASS (HAE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HAE - US4050241003 - Common Stock
We assign a technical rating of 9 out of 10 to HAE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HAE is showing a nice and steady performance.
Although HAE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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50.73
We found 2 important support areas.
- A support zone ranging from 83.36 to 83.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.24 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @83.94 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HAE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAE is up. |
| ChartMill Relative Strength | 89.25 | POSITIVE | HAE has a high relative strength, it outperformed 89.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HAE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HAE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.72 | OVERBOUGHT | The high RSI value suggests HAE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests HAE has a negative trend. |
| Stochastics (14,3) | 79.27 | NEUTRAL | The Stochastics value for HAE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for HAE suggests some volalility. |
| Average Directional Index/ADX (14) | 66.52 | POSITIVE | The high ADX value value for HAE suggests a strong trend. |
83.49
-0.96 (-1.14%)
HAEMONETICS CORP/MASS / HAE FAQ
What is the ChartMill technical rating of HAEMONETICS CORP/MASS (HAE) stock?
ChartMill assigns a technical rating of 9 / 10 to HAE.
What is the trend direction for HAE stock?
The current trend direction for HAEMONETICS CORP/MASS (HAE) is Bullish.
What is the RSI signal for HAEMONETICS CORP/MASS (HAE) stock?
HAEMONETICS CORP/MASS (HAE) has an RSI value of 71.7164. This indicates that the stock is currently overbought.
What is the buy/sell signal for HAEMONETICS CORP/MASS (HAE) stock?
The buy/sell signal for HAEMONETICS CORP/MASS (HAE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HAEMONETICS CORP/MASS?
HAEMONETICS CORP/MASS (HAE) has a support level at 83.48 and a resistance level at 83.94. Check the full technical report for our detailed analysis of HAE support and resistance levels.